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How do you explain depreciation on equipment?

Equipment depreciation is a measure of how much a piece of equipment drops in value each year. As you calculate the depreciation of your assets, you can m...

civics and society

What are natural gas royalties?

It goes like this: Gas companies and landowners sign a lease agreement before drilling begins. The royalty is money paid to the mineral owner, like Clark,...

civics and society

What to do if a tax preparer makes an error?

In general, you’re on the hook for any tax you discover you owe, but a decent preparer usually will pick up the tab for penalties (and sometimes interest)...

education and learning

How do I get a copy of my CA state tax return?

You may be able to obtain a free copy of your California tax return. Go to MyFTB for information on how to register for your account. You may also request...

civics and society

Can I move money from one mutual fund to another without paying taxes?

The IRS allows you to use capital losses to offset any of your other investment gains, and up to $3,000 in ordinary income. Additional losses can be rolle...

culture and society

What happens when you file a joint tax return?

When you file a joint return you have a joint tax liability. There is no per spouse tax liability. Each of you individually is liable for the total tax li...

environment and climate

Who is eligible for Social Security stimulus checks?

Under the CARES Act of March 2020, all US citizens and non-US citizens with a Social Security number who live and work in America were eligible to receive...

culture and society

Can I hold US and Canada passport?

Under the right circumstances, you are allowed to become a citizen of both Canada and the United States, simultaneously. Many people enjoy the benefits of...

health and wellbeing

Why is it taking so long to get my tax refund?

For example, if your refund was sent to a bank account that you’ve since closed, the IRS will eventually cut you a paper check, but that adds to the wait ...

education and learning

What is the advantages of unemployment?

Unemployment benefit programs play an essential role in the economy by protecting workers’ incomes after layoffs, improving their long-run labor market pr...

environment and climate

What happens when you sign a Quit Claim Deed?

When a grantor signs a quitclaim deed, he is giving up his rights to the property. A property title report provides a historical account of all the transf...

health and wellbeing

What to do if your tax return has not been mailed?

If you already have filed via paper but it has not yet been processed, do not file a second tax return or write to the IRS to inquire about the status of ...

What does TurboTax charge for state returns?

Latest Headlines

How do you explain depreciation on equipment?

What are natural gas royalties?

What to do if a tax preparer makes an error?

How do I get a copy of my CA state tax return?

Can I move money from one mutual fund to another without paying taxes?

What happens when you file a joint tax return?

Who is eligible for Social Security stimulus checks?

Can I hold US and Canada passport?

Why is it taking so long to get my tax refund?

What is the advantages of unemployment?

What happens when you sign a Quit Claim Deed?

What to do if your tax return has not been mailed?

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